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MKT

Terms

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A.Brand mark
  B.
C.Maturity Stage
C.Brand preference
5.
B.Licensing
D.Advocacy
A. depth of product line
the stages a new product goes through in the marketplace: introduction, growth, maturity, and decline.

Product Lifecycle

  • Penetration strategy
  • MKT development
  • MKT penetration
  • Product development
PENETRATION STRATEGY

What is a A

The element of a brand that cannot be vocalized, such as MGM lion, the Buick symbol, or the Texaco star.

Multiproduct branding

Toro makes

  • Toro snowblower
  • Toro mower 
Multibranding

P&G offers

-Dawn dish soap

-cereal 

Private branding strategy

Sears has:

-Kenmore

-Craftsman 

Mixed branding

Michelin makes:

-Michelin Tires

-Sears Tires 

What is Brand insistence?
The stage where no alternatives will suffice.
What is Brand Extension?

When new products in unrelated product categories that often carry the same brand name.

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Deck Info

19

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